Partly it is sorta like insurance but afaiRemember, the agent told me 99% of the money invested are for the fund (this the main reason I'm interested "invest" with them, wanted to diversify, before knowing fsm. Damn I was young and naive back then)

While
With guarantee, higher than as of current price for the fund
As of now, guarantee at around rn1.45 while the current price for the fund is around 0.84
Wow.. >50% of current price.. should be profitable.

But

Even so, due to their "fees", I'm still at >10% loss.

My DIY fsm portfolio lose not more than 1.9% and this is during the uproar of trade war.

Oh ya, and the agent told me the period is for 3 years but luckily I keep track and upon checking, it is for 25 years!! Yes I am dumb for not checking before signing but luckily I kept evidence that I wanted only 3 years and that agent promises it is only for 3 years.

So after some huha, finally manags to keep it at 3 years.

So for those who are interested, please think thrice.

Usually it takes one to know and define one with word.

So you think it's ok for agents to sell products to people at all cost and who may not have the capabilities in the future to sustain this.
Are you an insurance agent btw.

so do you think it is acceptable to call people dogs?

Well. It depends on the conscience of the person. If he swindles people to buy products just to make a profit for themselves without any concern at all for the well being of the customer, then I think they deserve that.

BTW, for you to be offended like that, you must be associated with the insurance industry.

I guess you must be as offended when people were calling Najib similar names.

I am offended because I am brought up and educated in an environment where we respect, humble and be kind in the word we said and do.....
especially not by calling others that we disagreed with as DOGs...

i think no one called Najib that names too......

Wow. You are so "noble".

You really think it's just a matter of disagreement when some sells investment linked product to others without any concerns on whether those people can actually afford it just so that they can make quick money out of them.

Your ethics must be so great.

Really.

https://forum.lowyat.net/topic/4788468/+100

That link is kopitiam mah......anything is kopitiam one...
Fbih is not kopitiam

I am offended because I am brought up and educated in an environment where we respect, humble and be kind in the word we said and do.....
especially not by calling others that we disagreed with as DOGs...

i think no one called Najib that names too......

But you know what
I ain't no Saint.
So definitely I would scolding, cursing and name calling that SOB agent from now on

For my case
I specifically told and requested many times before signing and during signing also, that I want a 3 year installment and that agent every time said, yes, it is for only 3 years.
So out of respect (ignorant, dumb, naive), I trusted that agent since many verbal agreement about my requests/desired.
And what do I get in return?
Bloodly hell time and money wasted.

If you think such person/human still deserve your respect, ok fine.
You are a Saint

Wow just wow.
You made a generic statement.
Then when I showed you that your generic statement is not correct. you said that this is kopitiam.

As I said earlier. Your ethics is really something else.

But you know what
I ain't no Saint.
So definitely I would scolding, cursing and name calling that SOB agent from now on

For my case
I specifically told and requested many times before signing and during signing also, that I want a 3 year installment and that agent every time said, yes, it is for only 3 years.
So out of respect (ignorant, dumb, naive), I trusted that agent since many verbal agreement about my requests/desired.
And what do I get in return?
Bloodly hell time and money wasted.

If you think such person/human still deserve your respect, ok fine.
You are a Saint

Kopitiam just just like kopitiam...talk whatever one like.....
When i made a statement...like the one as najib...i meant mainstream post.....everr remember the case where stepping on his photo already kena condemn not to mention calling him DOG

Just admit you are one of the cheats like those guys lah.

I bought Evergreen 2035 for 2 years now. Based on the guaranteed price upon maturity, I still lose about 25% of my total investment.

According to the agent, I can choose to pay only for the first 3 years.
And before maturity, I can top up anytime and still get the guaranteed price upon maturity.

Meaning before this fund end, let's say the unit price is RM 1.00 and guaranteed price is RM 1.20. I can top up before it ends and enjoy the RM 1.20 guaranteed unit price.

I'm not sure how true is this. Anyone can confirm?

Anyway, I have a recording and whatsapp message with the agent as backup.
If it is not what he explained to me, I will need to ask for a full refund.

So anyone can confirm as I was also being informed of the same thing?

Yes insurance backed investment.

Biggest pile of cr*p I've put my money into without knowing mechanism of how it worked last time.

Sure you can topup, I'm pretty sure they're happy to charge you sales fee as well for the topup.

Nett of charges, you're probably better off with the money in non promo FD upon maturity